Eni Board Approves Bond Issuance Plan

BY MT Newswires | CORPORATE | 11:37 AM EDT

11:37 AM EDT, 04/02/2026 (MT Newswires) -- Eni (E) said Thursday its board approved a plan to issue bonds of up to 10 billion euros ($11.55 billion) to support its financial structure.

The Italian energy company said the bonds will be issued in one or more tranches to institutional investors, depending on market conditions, through March 31, 2028.

Proceeds will be used for general corporate purposes, Eni said.

Shares of Eni were up 3.5% in Thursday trading.

Price: 56.78, Change: +1.90, Percent Change: +3.45

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In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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